Medicare cost report · CMS certification number 223302
CHILDRENS HOSPITAL CORPORATION
BOSTON, Massachusetts · children's hospital
Buy the report: $295Filing alerts: $390/year · The register under license: from $25,000/year
Figures for October 1, 2024 to September 30, 2025 — a reporting period of 364 days, on form CMS-2552-10, as submitted.
This hospital also appears on the 340B covered-entity register: CHILDREN'S HOSPITAL BOSTON.
Finances, as filed
From this hospital’s Medicare cost report for the year ended September 30, 2025.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total patient revenue | $4,734,314,979 | CMS-2552-10 worksheet G300000 line 100 column 100 |
| Contractual allowances | $2,413,083,559 | CMS-2552-10 worksheet G300000 line 200 column 100 |
| Net patient revenue | $2,321,231,420 | CMS-2552-10 worksheet G300000 line 300 column 100 |
| Total operating expenses | $2,851,848,579 | CMS-2552-10 worksheet G300000 line 400 column 100 |
| Income from service to patients | −$530,617,159 | CMS-2552-10 worksheet G300000 line 500 column 100 |
| Total facility beds | 473 | CMS-2552-10 worksheet S300001 line 1400 column 200 |
Cost report filed under CMS certification number 223302 for October 1, 2024 to September 30, 2025, as submitted. The public file it was read from.
Community benefit, as filed
From IRS Form 990 Schedule H, Part I, filed by Children's Hospital Corporation (employer identification number 042774441) for tax year 2022. The return lists this hospital as its one hospital facility.
| Figure | As filed | Where it comes from |
|---|---|---|
| Total community benefit expense (line 7k) | $423,323,873 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance at cost (line 7a) | $17,153,580 | IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt> |
| Medicaid (line 7b) | $280,481,056 | IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt> |
| Financial assistance and means-tested government programs (line 7d) | $297,634,636 | IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt> |
| Other benefits (line 7j) | $125,689,237 | IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt> |
| Total, fraction of total expense (line 7k, column f) | 0.1495 | IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct> |
E-file object id 202422289349303527. The IRS archive it was read from.
Executive and director compensation, as filed
From IRS Form 990 Part VII, Section A, filed by Children's Hospital Corporation (employer identification number 042774441) for tax year 2022. The return lists this hospital as its one hospital facility.
| Name | Title | Role | Reportable comp, from this organization | Reportable comp, from related organizations | Other compensation |
|---|---|---|---|---|---|
| Alison Svizzero | Director, Investments | Highest-compensated employee | $857,945 | $0 | $23,418 |
| Alison Taunton-Rigby PhD | Director | Trustee/director | $0 | $0 | $0 |
| Allan Bufferd | Director | Trustee/director | $0 | $0 | $0 |
| August Cervini | SVP, Research Administration | Key employee | $541,091 | $0 | $46,172 |
| Bruce Balter | Asst Treasurer/Dir Corp Fin Svcs | Officer | $308,881 | $0 | $50,814 |
| Christine Grenache | Asst Sec/Exec Manager | Officer | $153,097 | $0 | $17,051 |
| Cynthia Haines | SVP, National & International | Highest-compensated employee | $824,277 | $0 | $52,214 |
| Daniel Nigrin MD | Former SVP & CIO | Former | $372,174 | $0 | $0 |
| Demosthenes Argys | EVP, Chief Administrative Officer | Key employee | $1,066,845 | $0 | $48,780 |
| Doug Vanderslice | EVP, CFO & Treasurer | Officer | $1,981,768 | $0 | $75,202 |
| Douglas Berthiaume | Director - Chairman | Trustee/director | $0 | $0 | $0 |
| Gary Loveman MD | Director | Trustee/director | $0 | $0 | $0 |
| Harvey Lodish PhD | Director | Trustee/director | $0 | $0 | $0 |
| Heather Nelson | SVP, Chief Information Officer | Key employee | $836,528 | $0 | $45,726 |
| Ivor Horn MD | Director | Trustee/director | $0 | $0 | $0 |
| Joseph Mitchell | EVP & President, Franciscan's | Key employee | $0 | $917,580 | $21,500 |
| Kathleen Regan | Director | Trustee/director | $0 | $0 | $0 |
| Kevin Churchwell MD | President & CEO | Trustee/director, Officer | $3,239,502 | $0 | $125,802 |
| Laura J Wood DNP MS RN | EVP, Chief Nursing Officer | Key employee | $979,803 | $0 | $67,559 |
| Lisa Hogarty | SVP, RE Planning and Develop | Key employee | $769,371 | $0 | $49,075 |
| Lisa Wieland | Director | Trustee/director | $0 | $0 | $0 |
| Lynn Susman | EVP, Chief Development Officer | Key employee | $841,364 | $0 | $60,504 |
| Marc B Wolpow | Director (thru 1/30/23) | Trustee/director | $0 | $0 | $0 |
| Martin Kelly | Director, Investments | Highest-compensated employee | $901,441 | $0 | $44,483 |
| Michael Gillespie | SVP, Clinical Services | Key employee | $635,382 | $0 | $48,689 |
| Michele Garvin Esq | EVP, General Counsel & Secretary | Officer | $1,698,464 | $0 | $45,408 |
| Nader Rifai PhD | Director, Lab Medicine | Highest-compensated employee | $703,171 | $0 | $47,979 |
| Nancy Andrews | EVP, Chief Scientific Officer | Key employee | $1,844,614 | $0 | $68,056 |
| Nirav Desai | Director, Investments | Highest-compensated employee | $832,477 | $0 | $41,173 |
| Patricia Hickey PhD MBA RN NEA-BC | SVP, Nursing/Patient Care | Key employee | $712,979 | $0 | $44,687 |
| Peter Laussen MD | EVP, Health Affairs | Key employee | $1,328,408 | $0 | $71,939 |
| Philip Rotner | Chief Investment Officer | Key employee | $1,872,096 | $0 | $63,954 |
| Ralph C Martin | Director | Trustee/director | $0 | $0 | $0 |
| Robert A Smith | Director - Vice Chair | Trustee/director | $0 | $0 | $0 |
| Robert Langer ScD | Director | Trustee/director | $0 | $0 | $0 |
| Sandra Fenwick | Former President & CEO | Former | $958,796 | $0 | $0 |
| Stephen Karp | Director | Trustee/director | $0 | $0 | $0 |
| Steven Krichmar | Director | Trustee/director | $0 | $0 | $0 |
| Steven Luber | SVP, Finance | Key employee | $588,349 | $0 | $10,437 |
| Ted Pappendick | Director | Trustee/director | $0 | $0 | $0 |
| Thomas Melendez | Director | Trustee/director | $0 | $0 | $0 |
| Vivian Lee MD | Director | Trustee/director | $0 | $0 | $0 |
| Winston Henderson | Director | Trustee/director | $0 | $0 | $0 |
E-file object id 202422289349303527. The IRS archive it was read from.
This hospital’s current CEO’s pay is also benchmarked against its state, facility-class and bed-band peers in the 990 Hospital CEO Pay Benchmark.
The full report for CHILDRENS HOSPITAL CORPORATION
Every figure on this page as a document you can keep, file or send on: the finances as filed with the worksheet, line and column each one came from, five hospitals of a similar size in the same state, the contract-pharmacy network year by year, and what changed on the record.
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Peers and history
Every Medicare cost report this hospital has filed, with the date CMS stamped each one, and five hospitals of its own size in Massachusetts beside it — each figure with the cell it came from — are in one signed, dated document. The citable document with peers and history — $295.
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One email a day naming what moved on CHILDRENS HOSPITAL CORPORATION: the field, the value before, the value after, and the date of the file that first showed it.
The filing alert follows cost reports: one named person, one hospital, invoiced once a year. The certification number arrives filled in because you are on this hospital's own record.
On August 7, 2026, a cost report was filed for fiscal year 2021. That is one line of the filing alert.
Take these figures as a spreadsheet The citable document with peers and history
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Every figure on this page is printed as it appears in this hospital’s Medicare cost report, filed under CMS certification number 223302 on form CMS-2552-10, publication year 2025, file HOSP10FY2025.ZIP.
How this page was built: the CMS Medicare cost report, file HOSP10FY2025.ZIP, read February 26, 2026.